During phases of temporary market adjustments, the intensity and duration of such trends often surpass expectations. These circumstances can lead many investors to either hesitate in buying the dip or surrender their positions amid repeated fluctuations and reversals. This phenomenon is one of the underlying reasons for the common saying: "Holding onto losses stubbornly, but hesitating to hold onto profits." If your investment strategy is guided by the mindset of "breaking even is earning," then quick trading with low risk is a reasonable approach. However, for those seeking above-average returns, attempting to buy during uncertain or potentially risky market turning points becomes an essential skill.Currently, Bitcoin presents itself in a similar situation. On one hand, the market previou
Can Bitcoin Maintain Its "Digital Gold" Status Amidst Market Turmoil?
On April 21, the U.S. experienced another "Black Monday" as stocks plunged, with all three major indexes closing down more than 2%. The U.S. Dollar Index fell below the 98 mark. Meanwhile, gold futures surged past $3,500 in the morning, and Bitcoin climbed back above $88,000 — marking the first time in years that both gold and Bitcoin rose sharply while the dollar declined. ---------- Does this signal a return of Bitcoin’s “digital gold” status as a safe haven asset?
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